$ 3 billion in E&P orders in next few months-II: Who are the bidders for ONGC's $ 1 billion FPSO contract?
Jun 14: The biggest FPSO suppliers in the world are in the process of readying their bids for the FPSO that will be needed for the KG-DWN-98/2 block. 8The FPSO is expected to be based on a VLCC hull, and should be able to store 1.3 mmbbl of crude oil. The FPSO’s mooring system is likely to be technically challenging, as ocean conditions are harsh with strong winds and waves, even though it is to be moored in relatively shallow waters of about 460m only. 8The FPSO will have an oil processing capacity of 80,000-90,000 bopd (since the peak oil rate is expected to be 77,305 bopd), as well as capacity to handle the peak associated gas production rate of 3.81 mmscfd 8The bid deadline is July 31, 2017 while submission of pre-qualificaion bids was in the first week of June, 2017 8Find out more on the potential bidders for this $ 1 billion plus project? 8Indian companies across this relevant offshore segment should team up with these big guns in the FPSO industry for the final bids Click on Details for more